Global Index Mail Jun 15, 2026

Research evidence excerpt

Global Index Mail Jun 15, 2026

Pankaj Gupta, CFA AC Global Markets Strategy

(44-20) 7134-5483 15 June 2026 J P M O R G A N

pankaj.gupta2@jpmorgan.com

& started trading on Jun 12 on the NASDAQ Stock Exchange. MSCI will add S to the

Large Cap segment of the MSCI Global Standard Indexes & MSCI US Large 300 Index

at close of Jun 26 (eff Jun 29).

-Indexer demand: 19.4 million shares of SPCX US

-Effective as close of Friday, June 26, 2026

• Russell 1000 -Space Exploration Technologies Corp had an Initial Public Offering (IPO)

on June 12th, 2026. In the offering, Space Exploration Technologies Corp offered

555,555,555 shares of its Class A Common Stock at a price of $135 per share. Space

Exploration Technologies Corp will be added to the Russell US Indexes (Russell 1000,

Russell Top 200, Russell Small Cap Completeness), as it satisfies Russell US fast entry

criteria. FTSE Russell has independently reviewed the style probability for Space

Exploration Technologies Corp, using available fundamental data (Book/Price) and

subsector substitution for unavailable variables. FTSE Russell confirms that the style

probability applied at inclusion date will be 90.4% growth and 9.6% value and the

stability probabilities will be 0% defensive and 100% dynamic. The ICB Classification

will be 15102015 (Telecommunications Services). Space Exploration Technologies

Corp will be added to the Russell US Indexes on June 26, 2026 (after the close) in

conjunction with the Russell Reconstitution effective date.

-Indexer Demand: 15.8 million shares of SPCX US

AsiaPac

• MSCI India / MSCI India Small Cap - VEDANTA, demerged its Aluminium, Oil Gas,

Iron Steel and Power business segments into four separate publicly listed companies,

VEDANTA ALUMINIUM, VEDANTA OIL GAS, VEDANTA IRON STEEL, and

VEDANTA POWER.